VC firm
Founders Co-Op
Also known as FCV E, FCV Q, FCV-E LP, FCV-Q LP
- Investor type
- VC
- Investing status
- Activeas of 2026-09-18Source (opens in a new tab)
- Headquarters
- Seattle, WA, United States
- Assets under management
- $70MForm ADV private fund GAV, as of 2026-03-31Source (opens in a new tab)
- Latest fund size
- $44.6MSEC amount sold, vintage 2020
- Funds
- 2
- Check size
- $1M to $1.5MSource (opens in a new tab)
- Legal name
- FCV GP LLC
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Record updated 29 September 2026
About
THE BEST FIRST-CHECK INVESTOR IN THE PACIFIC NORTHWEST.
Investment approach
- Thesis
- We bet on people. We decide fast. We tell the truth.Source (opens in a new tab)
- Leads rounds
- Sometimes
- Lead policy
- Sometimes we invest by ourselves, but we like to work with other professional seed-stage investors who have complementary skills and networks, especially out-of-region funds who share our conviction about the Pacific Northwest.
- Ownership target
- We like to be the first institutional check into a company, and to own enough that it matters to our returns, usually at least 10%.
- Reserves policy
- We reserve for follow-on, and will support our successful investments up to 10% of total fund capital.
- Eligibility
- Even the most exceptional individuals can't cover all these bases, so solo founders are a red flag for us.
- Traction requirement
- Pre-product, pre-revenue.
- Investing status notes
- Pitch Us
Funds
- FCV-Q LP
- $44.6MVintage 2020, Main fund, SEC amount sold
- FCV-E LP
- $5.4MVintage 2020, Main fund, SEC amount sold
SEC registration
- Registered adviser
- FCV GP LLC
- CRD number
- 325944 (opens in a new tab)
- SEC file number
- 802-127835
- Registration
- Exempt reporting adviser
- Regulatory AUM
- $70Mas of 2026-03-31
- Private funds reported
- 2
- Principal office
- SEATTLE, WA, United States
- SEC CIK
- 1849155, 1849158
Locations
- Headquarters
- Seattle
Programs
- Founder community
- founder_community (opens in a new tab)
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